The security environment in the Red Sea, Gulf of Aden, Arabian Sea and Indian Ocean has deteriorated significantly since mid-November 2023, when the Houthis, a Yemen-based militant group, began actively targeting merchant shipping. Commercial traffic through the Suez Canal has since declined by an approximate 66 per cent, leading to major disruptions in global shipping that have strained supply chains, extended shipping times and contributed to port congestion.
To find out more about Castor Vali and how we can help you, contact us today ....